Simplify Tara India Opportunities ETF (NYSEARCA:IOPP) Sees Large Decline in Short Interest

Simplify Tara India Opportunities ETF (NYSEARCA:IOPP) was the recipient of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 122 shares, a decrease of 97.8% from the July 15th total of 5,496 shares. Based on an average daily trading volume, of 3,908 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

Simplify Tara India Opportunities ETF Stock Performance

IOPP traded up $0.07 during midday trading on Tuesday, reaching $27.04. 9,592 shares of the company were exchanged, compared to its average volume of 2,279. The stock has a market capitalization of $7.57 million, a P/E ratio of 36.40 and a beta of 0.25. Simplify Tara India Opportunities ETF has a one year low of $22.69 and a one year high of $28.40. The stock’s 50-day simple moving average is $26.02 and its 200 day simple moving average is $25.51.

Simplify Tara India Opportunities ETF Company Profile

The Simplify Tara India Opportunities ETF (IOPP) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed ETF that invests in Indian equity securities of any market capitalization. The fund targets companies that are expected to benefit from the broad themes capturing Indias growth story. IOPP was launched on Mar 4, 2024 and is issued by Simplify.